Conformis Q2 Sales $13.00M Down From $15.29M YoY
Portfolio Pulse from Benzinga Newsdesk
Conformis (NASDAQ:CFMS) reported a 15% decrease in sales this quarter, with sales of $13.00 million compared to $15.29 million in the same period last year.
August 04, 2023 | 12:30 pm
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Conformis reported a 15% decrease in sales this quarter, which may negatively impact its stock price in the short term.
A decrease in sales often indicates a decrease in demand for a company's products or services, which can negatively impact investor sentiment and lead to a decrease in stock price.
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